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Fraud Casebook: Lessons from the Bad Side of Business [Hardcover]

Joseph T. Wells (Author)
5.0 out of 5 stars  See all reviews (1 customer review)

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Book Description

0470134682 978-0470134689 July 16, 2007 1
Praise for Fraud Casebook Lessons from the Bad Side of Business

"I have known Mr. Wells for over twenty years. In my opinion, no one in the world knows more about fraud than he does."
-W. Steve Albrecht, Associate Dean, Marriott School of ManagementBrigham Young University, Provo, Utah

"This book covers the entire range of fraud that can be encountered in the workplace."
-Grant D. Ashley, Vice President for Corporate Security and SurveillanceHarrah's Entertainment Inc., Las Vegas, Nevada

"I had the pleasure of serving with Mr. Wells when both of us were volunteers for the American Institute of Certified Public Accountants. He knows as much as anyone about how to detect and deter fraud."
-James G. Castellano, Chairman, RubinBrown LLP, St. Louis, Missouri

"I have worked with Mr. Wells for ten years. His reputation is unsurpassed."
-John F. Morrow, Vice President, The New FinanceAmerican Institute of Certified Public Accountants, New York, New York

"Fraud Casebook is a terrific work. I highly recommend it."
-Sherron S. Watkins, a Time magazine "Person of the Year," Houston, Texas

"No one has done more for fraud prevention and detection than Mr. Wells and the Association of Certified Fraud Examiners. Their guidance and training proved invaluable to my staff and me in uncovering the WorldCom fraud."
-Cynthia Cooper, a Time magazine "Person of the Year," Clinton, Mississippi

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Editorial Reviews

Review

"Don’t just read this book. Read it and then look at your organization and evaluate your company's risks. Implement the lessons learned and the recommendations to prevent future occurrences so that you won't have to go through what I and the other people in this book experienced." (Strategic Finance, August 2008)

From the Inside Flap

Fraud is a serious problem that goes beyond monetary losses. It costs jobs, corporate reputations, and individual dignity. Fraud Casebook: Lessons from the Bad Side of Business is the most comprehensive book ever compiled on fraud case studies, presenting the collected insights of some of the most experienced fraud examiners around the world. With revealing case studies handpicked and edited by Joseph T. Wells, the founder and Chairman of the Association of Certified Fraud Examiners (ACFESM)—the world's leading anti-fraud organization—this collection sheds light into the dark corners of government and commerce through professional investigations.

Organized around the various categories of fraud, the cases in this exceptional casebook explore three broad categories of fraud as well as their various sub-schemes: asset misappropriations, corruption, and fraudulent financial statements. Each case provides an informative and entertaining look into the complex social factors behind fraudulent behavior. The observations of each fraud examiner, drawn from years of practical experience, provide readers with invaluable perspectives, many of which have never before been conveyed publicly. Some of the sixty-two cases in Fraud Casebook include:

  • Swimming with the Sharks, Pedro Fabiano
  • Con Artists Gone Wild, Heinz Ickert

  • Bodies for Rent, Rebecca Busch

  • Information Superhighway, Barry Davidow

  • Dialing for Dollars, Ian Henderson

  • The $13 Million Man, John Francolla

  • Her Passion for Fashion, Bethmara Kessler

Fraud Casebook: Lessons from the Bad Side of Business not only provides an insider look at fraud, it serves to educate readers to hopefully avert some of the mistakes made in the past. It illuminates the combination of timing, teamwork, and vision necessary to understand fraud and prevent it from happening in the first place. Finally, it challenges senior managers to better use their corporate resources to become much smarter about fraud, or risk becoming its victims.


Product Details

  • Hardcover: 624 pages
  • Publisher: Wiley; 1 edition (July 16, 2007)
  • Language: English
  • ISBN-10: 0470134682
  • ISBN-13: 978-0470134689
  • Product Dimensions: 10.1 x 7.3 x 1.8 inches
  • Shipping Weight: 2.8 pounds (View shipping rates and policies)
  • Average Customer Review: 5.0 out of 5 stars  See all reviews (1 customer review)
  • Amazon Best Sellers Rank: #245,796 in Books (See Top 100 in Books)

 

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0 of 10 people found the following review helpful:
5.0 out of 5 stars Great book - must have for any auditor, July 22, 2007
This review is from: Fraud Casebook: Lessons from the Bad Side of Business (Hardcover)
I have only read the first 100 hundred pages of Well's book and guarantee that if you are an auditor or in charge of audits this is a must have book!

Johnie Wood
Vice President, Security & Audits
Major Corporation
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Inside This Book (learn more)
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
wired world, mod fashions, complete recruitment, project management department, central purchasing, postpay customers, chief benefits officer, fry outlet, noncash tender, payroll warrants, phantom suppliers, freight vendors, campus attorney, prepay customers, defunct partnership, phantom customers, fraud awareness training, substitute custodians, confidential government information, public adjusters, prevent future occurrences, legitimate deliveries, check requisitions, cash pickups, audit trail reports
Key Phrases - Capitalized Phrases (CAPs): (learn more)
Northern Electric, United States, Centerstone Health, Water Luxury, Garden Grove, Bobbi Jean, Dan Knorr, Carlton Chemical, Social Security, Lawrence Fairbanks, New York, New Jersey, Second Savings, Majestic Bank, Safe Protect, Inner Circle, Hong Kong, Red Sun, American Bank, Larry Romito, Gamma Computer, Foster Foods, Kraft Plus, Sentinel Doors, Detective Lunsford
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